Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Free Report) announced a dividend on Tuesday, May 14th, NASDAQ reports. Stockholders of record on Wednesday, July 17th will be given a dividend of 0.09 per share by the investment management company on Wednesday, July 31st. The ex-dividend date is Wednesday, July 17th. This is a boost from Oxford Lane Capital’s previous dividend of $0.08.
Oxford Lane Capital has increased its dividend payment by an average of 4.7% annually over the last three years.
Oxford Lane Capital Stock Performance
NASDAQ OXLC opened at $5.58 on Monday. Oxford Lane Capital has a fifty-two week low of $4.41 and a fifty-two week high of $5.78. The firm has a market capitalization of $1.34 billion, a P/E ratio of 5.52 and a beta of 1.17. The stock’s fifty day moving average is $5.44 and its two-hundred day moving average is $5.22.
Insider Activity at Oxford Lane Capital
About Oxford Lane Capital
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.
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